Vijay Mallya is an Indian businessman who owns the UB Group, a conglomerate with interests in liquor, engineering, and other sectors. He founded Kingfisher Airlines in 2003 but it struggled financially and is no longer operating. Mallya also owns sports teams like the Royal Challengers Bangalore cricket team and sponsors various other sports ventures. While his businesses were very successful initially, Kingfisher Airlines' debts led to legal issues and allegations of fraud against Mallya, who now lives abroad.